Extracting Knowledge from your Asset Management System

Data enables information. And information enables knowledge. If the CMMS is setup correctly you can make more informed decisions using analytical reports.

1. John Reeve Email: [email protected]

2. CMMS Asset Management is the Knowledge Extracted from the Asset Management System Contains actionable, validated data Validated by error checks BA process audits & surveys Stakeholders identified key outputs Outputs are linked to inputs Core Team designed/built output reports Analytical reports facilitate decisions Supports Advanced Processes Core team tracks issues & enhancements Foundation data verified complete Risk-based asset criticality Item master SMD Recognized source for all asset data Supports Goals ; facilitates KP I measures Integrated to other core systems On-going refinement RCM Failure Mode & tactic PM-job-safety-plan library Asset life-cycle Costing DATABASE TABLE CHILD TABLE ROW DATA FIELD What’s the difference between a plain database and a platform for knowledge? Why is this important? Business agility refers to the ability of an organization to quickly respond to change, planned or unplanned, by leveraging data in core systems. Keyword: Agility A platform for knowledge Work Order Feedback

3. APPLY INSIGHTS RESEARCH Acquire Knowledge Discover Learn Perceive with Practice, Research, Training, or Experiences to obtain Theoretical or Practical Understanding Benchmarking Activities which becomes Facts Insights Skills Continuous Refinement Apply Knowledge Advice, Insights, Trial EDUCATE ORGANIZATION PROCESS CULTURE a Desire to Improve Perform Improvement Activities LEVERAGE DATA FROM CORE SYSTEMS USING ANALYTICS Manage Wisely Manage by Exception Theory of Constraints Pareto Analysis from a CMMS Perspective HONE SKILLS IMPROVEMENT GAIN UNDERSTANDING Start Here Align Goals Develop Process Leverage CMMS Chronic Failure Analysis Extracting Knowledge Communicate Strategy